Exchange Transfer Report: 10/23/2016 to 10/29/2016

USD values are calculated per day via API feeds from Poloniex (for STEEM and SBD values in BTC) and Coindesk (for USD value of BTC). For the hourly breakdown graphs, I show the USD values using the weighted average for that day. For the top 50 reports in USD terms, I then took the average USD value for STEEM and SBD for the week using the daily average which came out to:

STEEM: $0.17093

SBD: $0.92329

Previous Report:

STEEM: $0.24416

SBD: $0.92264

Assumptions

Please see the first report for a detailed explanation of my personal assumptions related to what this data could mean (along with commentary on previous reports). What it does not show is people powering up, powering down, or if they are buying or selling on an exchange. It's just some interesting data dealing with transfers to and from exchange accounts.

Yeah, I was hopeful that number was going to head the other direction, but with the price going down as it has, why would it? I feel like the stupid one for not powering down and holding this whole time. Anyone else could get in really cheaply now.

On the flip side, "anyone else" wouldn't have the blog history and reputation I've been working to build. That's hopefully worth something.

Yeah, I'm really curious where this will end up. Those who stayed on the sidelines during all this are just laughing their heads off to think they can get in now with a small investment compared to those who dropped a lot of money early on. I wonder how many people are just waiting to see where the bottom is before they pounce on it.